Market Overview

UPDATE: Imperial Capital Downgrades United Continental

Share:
Related UAL
United Continental Offers 36.5% Upside, Vetr Community Says
After Three-Straight Lower Weeks, Can Market Break Out of the Friday Blues?
United Airline to end all Africa service (Seeking Alpha)

In a report released Thursday, Imperial Capital analyst Bob McAdoo downgraded United Continental (NYSE: UAL) from Outperform to In-line, reducing its one-year price target to $47.00 per share (previously $55.00).

Imperial Capital predicts United Continental to have low operating results, decreasing its value compared to its peers with the major airline sector.

Shares of United Continental may move higher along with its sector, but its future lacks growth potential according to Imperial Capital analysts.

Latest Ratings for UAL

DateFirmActionFromTo
Apr 2016Morgan StanleyMaintainsOverweight
Apr 2016Sterne Agee CRTDowngradesBuyNeutral
Apr 2016Cowen & CompanyMaintainsOutperform

View More Analyst Ratings for UAL
View the Latest Analyst Ratings

Posted-In: Bob McAdoo imperial capitalAnalyst Color Downgrades Price Target Analyst Ratings

 

Related Articles (UAL)

View Comments and Join the Discussion!